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المشهد العربي
US stocks open ahead of earnings
The U.S. stock markets experienced mixed performance at the start of the week. The "Micron Technology" stock declined by 4% due to increasing competition from the Chinese company "CXMT." Meanwhile, the Dow Jones Industrial Average rose by 205 points, remaining at 51,860 points, and the S&P 500 increased by 0.1% to 7,818 points. Investors are expecting the release of Consumer Price Index data for September and October, which will help determine the trajectory of inflation and future monetary policy. Additionally, the third-quarter earnings season is anticipated to commence, with forecasts indicating strong profit growth of up to 29.6% for the S&P 500.
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